According to figures from the American Payroll Association, only three percent of its members are using payroll debit cards, also known as Paycards, at present. However, about half of the associations 22,000 members are looking into using these types of cards in their payroll system in the future
It takes a lot of effort to sit down and calculate your expenses and come up with a debt recovery plan. It can be very time consuming to log your expenses for several months and come up with a good estimate of your monthly expenses and then compare these to your income to see where adjustments can be made.
Times are desperate.
Okay, that’s great advice, but is it realistic? Negative thinking can creep up on any of us, making it seem impossible to move forward.
You should be honest about your family’s personal finances with your children. They don’t need to know all the details, but if your children are old enough to sense money related tension and anxiety in your household, you need to tell them what is going on and what you are doing to improve things.
